{
    "success": true,
    "data": {
        "leverage": true,
        "derivates": true,
        "swaps": true,
        "inverse": false,
        "replication_method": "synthetic",
        "ucits": false,
        "type": "ETP",
        "complex_factors": [
            "Leverage",
            "Swaps",
            "Daily Rebalancing (Compounding Effect)"
        ],
        "classification": "complex",
        "supporting_data": "The Leverage Shares 2x Visa ETP Securities is classified as complex due to several factors.  The KID explicitly states: 'You are about to purchase a product that is not simple and may be difficult to understand.' The product aims to deliver 2x daily performance of the Visa, Inc. equity security. This leverage, combined with daily rebalancing, creates a compounding effect that significantly impacts returns, especially with higher volatility.  The prospectus also references the use of a margin account and collateral assets, suggesting the use of derivatives. The daily leverage rebalancing inherent in this strategy also makes it complex and opaque.  The high-risk rating (6 out of 7) further supports the complexity classification, and it's not UCITS compliant."
    }
}